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Here's a rare opportunity to acquire a waterfront 3-unit $2,100,000

4520 SE 5th Pl lot: 52, Cape Coral, FL 33904

6 br, 3.0 ba, 1979 0 sf
Lee County
Ad #: 7109290

Home For Sale

Here's a rare opportunity to acquire a waterfront 3-unit multifamily property with future development potential on the heart of downtown Cape Coral. The Property features 3,440 SF on .43 acres, with spacious 1,100 SF units, ample parking, and a 100' seawall with dock on a 200' wide Gulf-access canal. Two of the units are currently vacant, creating immediate flexibility for longer, seasonal, or short-term strategies, while the site offers the availability to add up to four additional units. With walkable access to restaurants and shopping and supported by Cape Coral's strong population growth and rental demand, this asset offers both stable cash flow and value-add upside.

Property Details

  • Beds: 6
  • Baths: 3.0
  • Year Built: 1979
  • Location: Cape Coral Area
  • Acres: 0.426
  • Waterfront: Yes
  • Has Dock? Yes
  • County: Lee County
  • Community: CAPE CORAL
  • Heat/AC: Electric (Heating), Central
  • Siding: Concrete Block, Stone
  • Roof: Shingle
  • Property Taxes: $9,415
  • MLS #: 226000602

Location

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Contact Information:

Contact Agent
Listing Agent: Andres G Sanchez, Local Real Estate LLC, 239-297-2777, 239-221-8665 Listing Site, Listing Status: Active
Copyright © 2025 Bonita Springs-Estero REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Ad Statistics:

Lake Home For Sale in Cape Coral, Florida
Ad Number : 7109290
Viewed: 3 times
Added: Jan 09, 2026
Updated on: Jan 09, 2026
All information provided is deemed reliable but is not guaranteed and should be independently verified.